Ling
Ling
CRV-1.66%
Last night's IRIS launch was quite an exciting launch - it proved @virtuals_io ' model works on a larger scale. I feel like we'll see more quality projects choosing @VirtualsProtocol for their launches in the near future. Quite inspired by the chat with @everythingempt0 the other day, whose vision of Virtual deeply resonated with me -- to disrupt the current rules and play for asset launch, and build a fully decentralized, transparent and more fair launch platform. Few may have realized what Virtual are slight changing here. @VirtualsProtocol is revolutionizing token launches with its Genesis Launchpad, step by step, bit by bit. Here is how Virtuals is Doing it and Why It Matters:
1. 🎟️ New Participation Threshold: Merit-Based Access Gone are the days when simply holding tokens qualified you for a new token sale. They are building a CONTRIBUTION-BASED system where your actions determine access. To participate in a Genesis Launch, you need Virgen Points - earned through: • On-chain: Trading AI agent tokens OR providing liquidity. (LP > trading volume) • Off-chain: Creating quality content/memes about Virtuals (manual review prevents spam) Fraudulent attempts get penalized 200%! → Rewards goes to the real contributors, not just capital. No more whales dominating allocations. More a fair game for the retails.
2. Anti-Farming Mechanics -- Points expire in 14 days + decay if inactive. -- Weekly point supply adjusts based on $VIRTUAL staked (like veCRV). -- Projects can burn $VIRTUAL to boost point rewards (controls inflation). This ensures CONSTANT engagement, not one-time farming.
3. Fair Distribution • Hard cap of 0.5% per participant → minimum 200 holders; • Dual commitment: Points + $VIRTUAL required; • Real-time allocation visibility • 50% point slashing if users withdraw pledges early. This is to prevents sniping or whale domination, and ensures broad distribution. So far, all the projects have been over-scribed with various numbers of participants, who worked real hard to earn these pointes according to the feedback on X 😂
🔍5. Real Project Validation: Genesis Launch also acts as an initial market test: If the projects succeed the fundraising, it will lead to a Auto-DEX pool + 37.5% to pledgers. If it fails, full refund. Compare this to zombie projects surviving through bonding curves - this is Darwinism for tokens. Only projects with real demand survive.
6. Platform-Project- Users Alignment: @virtuals_io doesn't just launch tokens - it GROWS them: • Anti-sybil measures make fake engagement costly; • Economic incentives reward long-term holding/HODLers; • The system naturally filters out weak projects; It best aligns the interest of platform, projects, and users by realizing: • Contributors > Capital • Quality > Quantity • Sustainability > Quick Flips This is how you align incentives in Web3.
@everythingempt0 One small suggestion to consider lah : Would be awesome to see trading fee rebates for LP during the first week post-launch for quality projects! Oh and maybe let Virtual stakers vote weekly to identify these top-tier projects too~ 😉"
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